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Essex County Community Foundation
Essex County Community Foundation was established in 1998 by David Tory, Lorraine Astle, and additional community leaders. It channels local philanthropic...
Essex County Community Foundation
Essex County Community Foundation was established in 1998 by David Tory, Lorraine Astle, and additional community leaders. It channels local philanthropic commitments into a permanent pool of charitable assets serving 34 cities and towns north of Boston. The ECCF portfolio spans traditional public-market exposure, an ESG Fund, real estate gifts, and alternative asset classes including cryptocurrency donations. Confirmed holdings include charitable real estate gifts across Essex County and a dedicated ESG Fund in Beverly, Massachusetts. The Impact Finance Center provides strategic education on impact investing and capital deployment. Stratton Lloyd serves as President and CEO, overseeing the foundation's operations and asset stewardship. The board includes Chat Reynders of Reynders, McVeigh Capital Management. ECCF maintains member funds such as the Essex County Community Response Fund, the Racial Equity and Social Justice Fund, and The Women's Fund of Essex County — vehicles that act as rapid-deployment grantmaking pools alongside its general corpus. ECCF is a member of the Council on Foundations dating to 1998. Unlike most community foundations, ECCF accepts direct in-kind donations of cryptocurrency, gold coins, and real estate, converting non-traditional assets into investable charitable capital. This donation architecture broadens its gift pipeline beyond local cash and securities, creating an unusual liquidity profile for a county-level foundation.
General information
Firm type
Endowment / Foundation
Year founded
1998
Location
Region
North America
Country
United States
City
Beverly
Corporate office
Beverly, Massachusetts, United States
Principals
Stratton Lloyd
President and CEO
David Tory
Co-founder
Lorraine Astle
Co-founder
Sector focus
Frequently asked questions
Who runs investment decisions at Essex County Community Foundation?
President and CEO Stratton Lloyd oversees the foundation's operations and asset stewardship. The board includes financial professionals such as Chat Reynders, CEO of Reynders, McVeigh Capital Management. ECCF also works with Impact Finance Center on impact investing education and strategy.
Which investment strategies does ECCF deploy?
ECCF maintains a diversified portfolio including a dedicated ESG Fund, traditional public-market investments, and alternative assets sourced through its gift-acceptance pipeline. The foundation converts non-traditional donations like cryptocurrency, gold coins, and real estate into investable capital.
Does ECCF accept non-cash gifts, and how are they managed?
Yes. ECCF accepts charitable real estate gifts, art, personal property, gold coins, and cryptocurrency. These assets are converted into liquid investments within the foundation's portfolio, broadening the donor pipeline beyond standard cash and securities.
What grantmaking vehicles does ECCF operate?
ECCF runs several named funds that serve as rapid-deployment grantmaking pools, including the Essex County Community Response Fund, the Essex County Veterans Fund, the Racial Equity and Social Justice Fund, and The Women's Fund of Essex County. These operate alongside the general endowment.
How is ECCF governed at the board level?
The foundation's board includes finance and community leaders. Chat Reynders, CEO of Reynders, McVeigh Capital Management, serves as a trustee. ECCF has been a member of the Council on Foundations since its founding in 1998.
Where does ECCF's geographic mandate apply?
ECCF serves all 34 cities and towns in Essex County, Massachusetts. Its real estate gifts, grantmaking, and community partnerships are concentrated entirely within this region north of Boston.
Does ECCF manage a separate impact or ESG allocation?
ECCF maintains an ESG Fund based in Beverly, Massachusetts, as part of its investable portfolio. The foundation also partners with Impact Finance Center for impact investing education and strategy development.
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